Mushroom And Truffle Market Overview in the USA
In value terms, mushroom and truffle production stood at $ in 2019. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2017; afterwards, it flattened through to 2019.
The average yield of mushrooms and truffles in the U.S. stood at kg per ha in 2019, remaining relatively unchanged against 2018. In general, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of mushrooms and truffles were harvested in the U.S.; approximately mirroring the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern.
The value of the mushroom and truffle market in the U.S. totaled $ in 2019, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 with an increase of % y-o-y. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in the immediate term.